Sole proprietorship

A sole proprietorship, also known as a sole trader, is owned by one person and operates for their benefit. The owner may operate the business alone or with other people.

Partnership

A partnership is a business owned by two or more people. In most forms of partnerships, each partner has unlimited liability for the debts incurred by the business. The three most prevalent types of for-profit partnerships are general partnerships, limited partnerships, and limited liability partnerships.

Corporation

The owners of a corporation have limited liability and the business has a separate legal personality from its owners. Corporations can be either government-owned or privately owned. They can organize either for profit or as not-for-profit organizations.

Cooperative

Often referred to as a "co-op", a cooperative is a limited liability business that can organize for-profit or not-for-profit. A cooperative differs from a corporation in that it has members, not shareholders, and they share decision-making authority.

Restructuring state enterprises

In recent decades, various states modeled some of their assets and enterprises after business enterprises. In 2003, for example, the People's Republic of China modeled 80% of its state-owned enterprises on a company-type management system

mercredi 30 mars 2016

Canadian dollar tops 77 cents US

Pre Budget Hearings List 20160216

The Canadian dollar rose above 77 cents on Wednesday, a day after U.S. Federal Reserve chair Janet Yellen brought the U.S. currency back down to Earth with her comments on the American economy.

Today's senior women: Active, on the internet and very familiar with the working world

Aging America Aging In Place

About 90 per cent of Canadian women currently over age 65 have had a job at some point in their lifetime and almost a tenth of them are still working despite being past the usual age of retirement, according to research from Statistics Canada.

GM ignition switch claim turned down by New York jury

Global Recalls

A New York City jury found Wednesday that a flawed General Motors ignition switch was not to blame in a 2014 accident on an icy New Orleans bridge, handing the carmaker its second victory in a row in trials meant to help lawyers settle dozens of similar claims.

Boeing reportedly cutting up to 10% of workforce

Boeing Energy

The Boeing Co. is on track to eliminate 4,000 jobs by June of this year in an attempt to remain competitive with rival Airbus.